PlentyOfFish was acquired by IAC / MATCH GROUP last October 2015 for USD575 Million in cash.
Please remember also: In the case of Yuliana Avalos and Melissa Midwest former 2014 big lawsuit againts MATCH GROUP, third-party scammers in Africa or wherever were creating fake profiles and catfishing with them.
IAC and MATCH GROUP were essentially aware of that situation and did nothing to stop it.
The USA Court ruled that IAC and MATCH GROUP were not responsible.
Attorney Evan Spencer, said that despite the fact that anti-scammer technology is available, MATCH GROUP failed to use such things as face-recognition software – which would have discovered that her pictures were being used hundreds of times. Yuliana Avalos has argued in a former 2014 big lawsuit against Match that photos of her were posted without her permission on the site as part of a scam that drove a man to commit suicide.
Forbes article: Why Social Websites Say They Can't Protect You From Identity Theft And What To Do About It
Bad News, Match Group overpaid USD 575 Million for PlentyOfFish.
The Match Group overpaid for PlentyOfFish (It was insane, USD575 Million for PlentyOfFish that past its prime 2 years ago). The Match Group had been doing all wrong, acquiring rotten companies to show illusory success to its investors.
The Match Group is not going to innovate and revolutionize the Online Dating Industry in the next years.
Law article suggests USA FTC goes for Match Group ?
"These sophisticated scammers were able to hijack the PlentyOfFish"
Match Group data from Goldman Sachs 25th Annual Communacopia Conference